Mastercard Paypass wrist watch
Master card has applied new innovative technology to make payments through a wrist watch . You just need to swipe your wrist watch at a counter only if you are making payments less than a particular amount (like- 15 euro). You don’t need to give your credit cards to make such small amounts. People are enjoying a wrist watch over a credit card. Your credit card include a RFID device, a magnetic strip on the back of your credit card to provide unique information stored in a chip capable of carrying 2000 bytes of data or less. Similarly mastercard paypass wrist watch transfer your credit card details to make payments. It is more secure, you don’t need to provide your credit card numbers while shopping. I suppose if Master card introduce some more innovative wrist watch which include every thing a watch, credit card and phone. This make it a all-in-one product. The Paypass have received a OsCARD award in 2006 from Taiwan. The Paypass watch was created in collaboration with Chinatrust, one of the largest issuers in Taiwan, LAKs GmBH, a Austrian watchmaker and On track Innovative LTD. leader in contact-less microprocressor-based smart card solutions.
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